This article is authored by Yogendra Kapoor, economist and market expert, New Delhi.

India has shown rare fiscal maturity in 2025 by successfully concluding GST 2.0 and retiring the compensation cess—gains that ...

India’s small players warn that higher cigarette taxes are fuelling smuggling and tightening liquidity, threatening ...

Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt, but it ...

The UAE has introduced a new mechanism for calculating excise tax on sweetened drinks from January 1, shifting to a tiered-volumetric model that links tax rates directly to the sugar and sweetener ...

WASHINGTON (AP) — U.S. multinational corporations will be exempted from paying more corporate taxes overseas in a deal finalized by the Organization for Economic Cooperation and Development. The OECD ...

Jan 1 (Reuters) - Shares of Indian tobacco companies slumped on Thursday after the government imposed a new tax on cigarettes, making them costlier for an estimated 100 million smokers in the world's ...

India’s largest cigarette maker ITC Ltd. wiped out about $7 billion in market value after a government tax hike on tobacco products triggered a wave of brokerage downgrades. Shares of the firm fell as ...

FILE - Georgia Republican Lt. Gov. Burt Jones speaks at a rally kicking off his 2026 campaign for governor, Aug. 26, 2025, in Flovilla, Ga. (AP Photo/Jeff Amy, File) FILE - Georgia Republican Lt. Gov.

HONOLULU (AP) — A federal appeals court ruling on New Year's Eve blocked Hawaii from enforcing a climate change tourist tax on cruise ships passengers, a levy that was set to go into effect at the ...

ATLANTA (AP) — Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face questions about whether such big tax cuts can be made without ...